By Tony Connelly

YouTube is in talks with a number of studios to license film and TV content for its subscription service, Red, as it looks to intensify competition with rivals such as Netflix, Amazon and Hulu.

Executives for YouTube have reportedly met with Hollywood studios and other production companies in recent months to negotiate licenses for brand new content not available elsewhere.

Susanne Daniels, the former programming chief of MTV who joined YouTube in the summer, and Kelly Merryman, an ex-Netflix content executive who joined YouTube late 2014, are involved in the efforts.

If the talks are successful, YouTube’s $9.99-a-month Red service, which currently offers Read full story ›

Source: The Drum